Charleston-North Charleston vs Richmond
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Richmond is 14% cheaper for renters. A 2-bedroom rents for $1,021/mo vs $1,159/mo in Charleston-North Charleston — saving $1,656/year.
Rent by Unit Size
| Unit Size | Charleston-North Charleston | Richmond | Difference |
|---|---|---|---|
| Studio | $766 | $669 | $97 |
| 1 Bedroom | $923 | $842 | $81 |
| 2 Bedrooms | $1,159 | $1,021 | $138 |
| 3 Bedrooms | $1,459 | $1,317 | $142 |
| 4 Bedrooms | $1,529 | $1,453 | $76 |
| Median Income | $57,454 | $69,914 | $12,460 |
Charleston-North Charleston
- Studio
- $766/mo
- 1 BR
- $923/mo
- 2 BR
- $1,159/mo
- 3 BR
- $1,459/mo
- 4 BR
- $1,529/mo
- Median Income
- $57,454/yr
Richmond
- Studio
- $669/mo
- 1 BR
- $842/mo
- 2 BR
- $1,021/mo
- 3 BR
- $1,317/mo
- 4 BR
- $1,453/mo
- Median Income
- $69,914/yr
Frequently Asked Questions
Is Charleston-North Charleston or Richmond cheaper to rent in?
Richmond is cheaper — a 2-bedroom Fair Market Rent is $1,021/mo vs $1,159/mo in Charleston-North Charleston. That's $138/mo or $1,656/year more expensive in Charleston-North Charleston (14% higher).
What is the 2-bedroom rent in Charleston-North Charleston vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Charleston-North Charleston is $1,159/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Charleston-North Charleston and Richmond?
The median household income in Charleston-North Charleston is $57,454/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Charleston-North Charleston vs Richmond?
A studio apartment Fair Market Rent in Charleston-North Charleston is $766/mo. In Richmond it is $669/mo.